At this time, in the trading room of Stardust Investment, most people from the financial investment department were already on duty.
However, most people present were not sure what they were going to do next.
A group of people were sitting on the big sofa in the center of the trading room, drinking tea and chatting, guessing what the company's big move would be this time.
However, a group of people discussed it for a long time, but there was no conclusion that was convincing enough.
But at this moment, Lin Chen and Tang Xin walked in.
When everyone saw it, they immediately stood up to greet him.
Lin Chen nodded at them and asked Tang Xin casually: "Is everyone here?"
Tang Xin glanced at everyone in the room, nodded and said, "Yes, they are all here."
"Okay, everyone, I know you all have doubts in your hearts and don't know what you are going to do today. Now, please allow me to reveal the answer to you."
Hearing this, everyone in the investment department opened their eyes wide, and their gazes fell on Lin Chen.
Finally we know the answer!
Seeing their expectant faces, Lin Chen smiled and said, "Everyone, our target this time is the foreign exchange market, to be precise, the Japanese yen foreign exchange!"
"Yen foreign exchange?"
Lin Chen nodded. He took out a remote control and turned to face the center of the trading room. He clicked on the largest screen, and then the Japanese yen exchange rate trend appeared on the screen.
Lin Chen pointed the remote control at the screen and said to them: "Everyone, before today, your Mr. Tang has contacted major overseas brokerages and obtained 200 times the foreign exchange margin leverage. From now on, I ask you to
One person immediately used his account to buy Japanese yen with all his strength."
Foreign exchange margin trading is when investors use a trust provided by a bank or broker to conduct foreign exchange transactions.
To put it simply, leverage with futures actually means the same thing.
"At present, Mr. Tang has raised a total of 400 million US dollars in funds for the company. Before two o'clock in the afternoon, I want you to buy all this money into Japanese yen and foreign exchange."
400 million U.S. dollars, 200 times leverage, in other words, the total amount of funds everyone is responsible for is actually as high as 80 billion U.S. dollars!
This number made everyone's eyes widen and their breathing became heavy.
Although 80 billion U.S. dollars is not for one person to operate, on average among the ten people in the investment department, one person needs to operate at least 8 billion U.S. dollars!
8 billion!
They may not be able to earn this money even if they work for several lifetimes, but now they have to control it.
Everyone feels tremendous pressure on themselves.
"Boss! Are we going to short the yen?" someone asked.
The Ministry of Finance and Investment had analyzed the Japanese yen before. At that time, everyone was unanimously bearish on the Japanese yen and believed that the Japanese yen would depreciate in the long term.
But in this case, the question arises. If they want to go short, why would Lin Chen let them buy Japanese yen? In this case, once the Japanese yen depreciates, wouldn't they suffer heavy losses?
"No, we are not short the Japanese yen, we are long!" Lin Chen said.
"Go long? Boss, do you think the yen will appreciate?"
"That's right."
Everyone was in an uproar, and someone immediately raised objections.
"Boss, the overall trend of the yen has begun to weaken. The depreciation of the yen in the future is the general trend!"
"Yes, boss! If you want us to short the Japanese yen, we will do it now, but if you want to buy long...this...isn't this equivalent of throwing money away?"
Seeing that his subordinates were trying to dissuade him, Tang Xin watched from the side but shook his head.
If Lin Chen's mind could be changed so easily, she would have succeeded long ago.
But for some reason, Lin Chen's confidence in the appreciation of the yen was completely unshakable.
Seeing that this was not going to work, Tang Xin had to say: "Okay everyone, don't forget who gave you the investment guide in the past. Everyone must have confidence in the boss's vision. Don't forget, after all, this money belongs to the boss, there is no guarantee
, he will not have this action.”
Lin Chen glanced at Tang Xin and smiled gratefully.
"Mr. Tang is right, everyone, if you are not sure, I will not let you buy Japanese yen. Don't forget, if the investment fails, you will just find another job, but I am going to jump off the building."
When Lin Chen said this, the others immediately burst into laughter.
Yes, they are just small employees. Although they have to operate billions of dollars at a time, this money is not theirs after all, but Lin Chen's.
If they fail, they only need to resign, but Lin Chen will go bankrupt and even bear huge debts. No one will make fun of their own future, so Lin Chen must have his intention in doing this.
10 a.m. Japan time, Dongjing Stock Exchange.
It was securities trading time at this time, and the exchange was crowded.
Trader Shimada was holding a phone in one hand and taking notes with the other, saying "Hey, hi, hi, hi" incessantly.
After hanging up the phone, a strange expression suddenly appeared on Shimada's face.
The phone call just now was from his boss, who told him to operate an account and buy Japanese yen with a total value of about one billion US dollars.
It’s strange, at this time, there are still people using US dollars to buy Japanese yen?
The current exchange rate of the U.S. dollar against the Japanese yen is 82.97 yen per U.S. dollar. Compared with yesterday's closing price, it has fallen several points. Although the magnitude is not large, in the long run, the Japanese yen has continued to decline for more than ten days.
, any economic expert can see that the general trend of the yen will be a long-term decline.
Therefore, he was very puzzled that anyone would buy Japanese yen at this time. If it is not necessary for business, wouldn't buying US dollars be more valuable?
Although he felt strange, Shimada only thought about it for a few seconds and put the matter behind him. As a trader at the world's busiest stock exchange, Shimada has a lot of work to do, and he has no time to waste.
Thinking about things.
But within a few seconds, the commission was completed by him.
Similar situations actually occur across exchanges. Many traders suddenly discovered that large sums of money were buying Japanese yen.
However, compared with the Japanese yen market with a huge market capitalization, although transactions of several billion dollars are staggering, they are not uncommon, so most people are just surprised for a while and forget about it.
The time lasted until 1 pm, in the trading room of Stardust Investment.
Lin Chen heard Tang Xin's report: "Lin Chen, we have now spent 54 billion US dollars and bought 4,482 billion yen in total."
Tang Xin's tone was particularly solemn.
Because during this period, the yen has fallen 5 points.
For every drop, they lost US$5.4 million, so up to now, Stardust Investment has lost more than US$27 million! Nearly 200 million Chinese yuan!
It had only been a few hours, and they had already lost so much. If they continued, Tang Xin could not imagine the final result.